Hello everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, here to bring you a market update for August 2024 in Dallas County, Texas.

Let’s dive into the numbers. Currently, we have a 6.69 Months Supply of Inventory in Dallas County. This means that if no new homes were to come on the market, it would take 6.69 months to sell all the existing homes. Over the last 12 months, we have seen a significant increase of 110.38% in Months Supply of Inventory.

[ The List to Sold Price percentage is holding strong at 96.5%, which is great news for sellers in this market. This means that homes are selling close to their listing price, showing a healthy market for both buyers and sellers.

The median days on market is 41, showing that homes are selling relatively quickly in Dallas County. And the median sold price is $319,100, providing a snapshot of the current market value in this area.Marie Whether you’re looking to buy or sell in Dallas County, now is a great time to make a move. With a balanced market and strong list to sold price percentage, there are opportunities for both buyers and sellers in this area.

Thank you for checking out to this market update. If you have any questions or are interested in buying or selling a home in Dallas County, feel free to reach out to me at the phone number or email below. Have a great day!